Looking to diversify beyond GCEYX? The mutual funds below have the lowest correlation with GCEYX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from GCEYX.
Best Diversifiers for GCEYX
1 mutual funds have low correlation with GCEYX (below 0.3), 0 of which are negatively correlated. The least correlated is AB Municipal Income Shares (MISHX) (High Yield Muni) with a 1Y correlation of 0.26, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AB Municipal Income Shares | 0.26 | 0.20 | 0.17 | 72 | High Yield Muni | GCEYX vs MISHX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.33 | 0.47 | 0.58 | 51 | Global Equities | GCEYX vs CSUAX | |
| AB High Income Fund | 0.51 | 0.49 | 0.51 | 71 | High Yield Bonds | GCEYX vs AGDAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.52 | 0.67 | 0.74 | 76 | Global Equities | GCEYX vs RTXAX | |
| Polaris Global Value Fund | 0.59 | 0.72 | 0.78 | 92 | Global Equities | GCEYX vs PGVFX |
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